Bahamas Power and Light (BPL) could have a settlement completed with its insurance provider within the next month after a fire destroyed two of its engines at the Clifton Pier power plant, BPL Chairman Dr. Donovan Moxey said on Friday.

According to Moxey, talks with the insurance company in the run-up to a settlement are “moving forward positively”.

“We are still in the midst of working things out with the insurance company,” Moxey said.

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